Monday, June 17, 2024
HomeNewsDataiku Raises $200 Million in Series F Funding

Dataiku Raises $200 Million in Series F Funding

Dataiku, the well-known platform for Everyday AI, announced $200 million in Series F funding led by Wellington Management at a $3.7 billion valuation on 13th December. The investment will help to strengthen Dataiku’s leadership position and empower its capabilities.

Matt Witheiler, Consumer/Technology Sector Lead, Wellington Management, stated that Dataiku’s proven track record, growth trajectory, management team, and customer roaster help the company to scale AI to new heights. Wellington Management is pleased to partner with and contribute to Dataiku’s journey.

Read more: Hexo Raises $270,000 in Pre-Seed Funding by Antler India

Dataiku is a popular Everyday AI platform, allowing data experts and domain experts to work together to build AI products to carry out daily operations. It helps businesses to systemize the use of data for exceptional business results. About 500 businesses use Dataiku for predictive maintenance, supply chain, marketing optimization, quality control, and more.

Florian Douetteau, co-founder and CEO of Dataiku, mentioned that Dataiku is glad to attract new, market-leading investors like Wellington in today’s challenging market to strengthen its solution and a world-class team. It has taken a leadership position in helping businesses to use massive datasets at scale and create a culture of AI-focused business results.

Subscribe to our newsletter

Subscribe and never miss out on such trending AI-related articles.

We will never sell your data

Join our WhatsApp Channel and Discord Server to be a part of an engaging community.

Manjiri Gaikwad
Manjiri Gaikwad
Manjiri is a computer science graduate from Cummins college of engineering, Pune. She is a simple calm and composed person, who loves to write.


Please enter your comment!
Please enter your name here

Most Popular